Private Banking Portfolio Manager - Denver, CO

Company: BankTalent HQ
Location: Denver
Posted on: November 14, 2024

Job Description:

At Vectra Bank, the Rocky Mountain region is a part of who we are, and we understand why families and businesses choose to live, grow, play and work here. Recently recognized as one of the Denver Posts Top Workplaces for 2022 and 2023 . Vectra Bank Colorado offers our customers, and our employees, the best of both worlds: a broad reach and depth of financial resources alongside unparalleled personal attention. At Vectra, we think creatively to shape custom financial solutions for those raising a family or creating the next great local business. We are passionate about our business, and we are passionate about success. At Vectra, we're committed to making our company a great place to work and grow your career. We seek dedicated employees whose diversity, talent, drive and innovative ideas add value to our customers, our colleagues and to our communities. At Vectra, we actively listen to our employees and our customers, initiate contact, provide solutions, and proactively focus on building relationships - not increasing transactions. We do this by offering technology and resources typically only found within larger banks and combining those resources with an exceptional level of service more commonly associated with community banks and smaller financial institutions. We personify this difference through our tagline: Big Enough to Count / Small Enough to Care . With benefits starting on day one, over 11 bank holidays, and a company committed to career growth and advancement, Vectra is dedicated to being an employer of choice in our industry and community. At Vectra Bank, the possibilities are endless - come for a job, stay for a career. We are looking for a Private Banking Portfolio Manager inDenver, CO. Essential Functions:

• Responsible for managing and servicing a portfolio of existing private banking and commercial loan relationships.
  • Responsible for spreading and analyzing business and personal financial statements and tax returns, addressing industry risks, monitoring collateral requirements, loan structuring and pricing, credit analysis, monitoring credit performance and assisting with loan presentations.
    • Responsible for understanding and applying loan policy and procedures as pertains to writing up detailed credit presentations to be reviewed by credit administration.
      • Handles reporting on loans such as past dues, documentation and collateral exceptions, financial performance updates, portfolio profitability, risk grades, etc.
        • Keeps informed of financial and market trends in the portfolio and analyzes those trends for the effect they will have on the portfolio.
          • Assists bankers with new and existing loan requests and other special projects. Qualifications:
            • Requires a bachelor's degree in banking, finance or a related field
              • 4+ years credit associated lending and 7+ years related experience. An equivalent combination of education and experience may meet qualifications.
                • Advanced knowledge of various types of loans, credit analysis, spreading and analyzing financial statements, risk analysis, credit scoring, loan documentation, etc.
                  • Advanced knowledge of complex personal tax returns.
                    • Strong accounting knowledge.
                      • Advanced knowledge of banking products, services, policies, procedures and regulations.
                        • Solid credit skills in underwriting, financial modeling, valuations and adherence to policy.
                          • Requires solid customer service, relationship, organizational, analytical and creative problem-solving skills.
                            • Ability to meet deadlines.
                              • Must have solid communications skills, both verbal and written.
                                • Knowledge of lending, credit analysis preferable in a commercial lending environment
                                  • Familiarity of the sales, loan processing and closing processes
                                    • Requires skills and experience in applicant interviewing and perceptive character judgment
                                      • Must have good interpersonal and communication skills
                                        • Working knowledge of a software applications, including word processing and spreadsheets
                                          • You must want to be a part of a motivated and driven team and work under respected leaders. We need someone who is proactive, who has a great attitude, who is confident and wants to work with professional people and will inspire them to achieve the department initiatives. This position is eligible to earn a base salary in the range of $90,000 - $120,000 annually depending on job-related factors. Final offer amounts are determined by multiple factors such as but not limited to, level of experience, skills, expertise, location, education, and certifications. Benefits:
                                            • Medical & Dental Insurance & Vacation & Profit Sharing - START DAY ONE!
                                              • 401(k) plan, competitive compensation in line with work experience.
                                                • Most roles eligible for sales bonuses + monthly incentives and/or annual discretionary bonus, some roles include mileage + travel time pay, and/or parking waivers (must meet eligibility requirements
                                                  • Paid Training, Paid Vacation, Paid Holidays, and promotional opportunities offered from within
                                                    • Tuition Reimbursement for qualifying employees
                                                      • Stable Employer, we are a division of Zions Bancorporation and included in the S&P 500 & NASDAQ Financial 100 indices.

Keywords: BankTalent HQ, Denver , Private Banking Portfolio Manager - Denver, CO, Executive , Denver, Colorado